Definition
A framework for defining and managing business processes to improve planning and control. ERP systems provide extensive databases, including master records, cost and sales data, financial details, and transaction histories, to enhance internal knowledge and competitive advantage.
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Supply chain execution, from one end to the other, is the new competitive edge, and this applies whether you are the brand or whether you are the retailer. Working collaboratively is the glue that holds it together.
Good supply chain network design helps to ensure that enterprises are performing properly at each stage of their supply chain with respect to the supply chain as an end-to-end whole.
The ERP system sits at the center of the other supply chain systems and the overall connectivity. As the source of truth, this is where the foundational data should be stored.
If you have committed to an ERP project, waiting to address the data portion of the project can lead to frustration and delays.
Adding innovation planning and goal setting into operations performance metrics and evaluating technology hype cycles, best practices and ROI, both financial and competitive, are critical to business strategy.
The top takeaway is that roles remain highly manual when digitalizing should be the norm.
Experience indicates that with each decade, there are pronounced disruptions that shake the structure of the market that supply network leadership must respond to (carpe diem).
In many industries, demand has never been more volatile and unpredictable than during the COVID-19 pandemic. Here are seven actions to drive demand planning despite an unprecedented crisis.
Systems Integration in the MRO supply chain space is essential for businesses to collaborate and work effectively with their trading partners.
Leaders and innovators are now focused on enterprise supply networks and managing an ecosystem. Where are you on the journey?
